Jan Norris: Food and Florida

Food, Restaurants, Recipes and Pre-Disney Florida

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EatBeat: Restaurants for Sale Have Variety of Prices – Are They Deals?

May 21st, 2012 · No Comments

FINZ restaurant in Stuart, FL can be yours - for a price.

Noodling around food sites again, I came across Floridarestaurants.org – a web site for Americas Realty Inc.(sic)

It’s a bare bones web site, but it lists a number of waterfront restaurants and others in our area for sale. Maybe there’s a deal here – we’re not sure.

We find the prices interesting. For instance, $95,000 will get you the Beverly Hills Cafe in Plantation. It’s a turnkey, 5000-square-foot restaurant. You have to rename it and it’s in a Publix shopping center, but does have the end-cap spot.

Umi Fishbar and Grill – Carmine Giardini’s Asian-fusion restaurant behind his gourmet market in Palm Beach Gardens – has an asking price of just under $600,000. Owner financing is available. It’s the cheapest waterfront one on the list. It’s in the Harbour Financial Center, so it’s a leased space. You don’t get the building.

The Fifth Avenue Grill at 4650 Federal Highway in Lighthouse Point, has a price tag of $1,500,000. The 216-seat restaurant includes a piano bar, and 1.3 acres of land, as well as the building.

The old building and lot that housed the Anchor Inn in Lantana is still up for sale several years after its closing. It’s going for $1,595,000. That includes their liquor license, a rented office building, the restaurant, permits for four docks and a gas pump, and a vacant commercial lot.

FINZ restaurant in Stuart, a big splashy spot on the water in Manatee Pocket, has a seriously pricey sales tag at $3,900,000. It’s got 10,000 square feet of space and all that dock space, as well. It’s a stand-alone, so maybe it’s all about the waterfront property.

If you click around on the website, you’ll think every restaurant in the county is for sale; many that you might think are rocking right along are – everything has its price, of course.

Tags: The Eat Beat: Restaurant News · What's Happening Here

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